
Iris Barker
World & Politics
India committed to protecting national interests after Trump’s tariff announcement
The Indian government is dedicated to securing a fair trade agreement with the US but is ready to take essential measures to safeguard national interests, the Indian Ministry of Commerceโฆ
Published on July 31, 2025
By Iris Barker
World & Politics
EU-US nuclear deal includes trade in technology and reactors
According to European Commission spokesperson Anna-Kaisa Itkonen at a briefing, the $750 billion contractual figure that the EU commits to under the energy trade deal with the US will encompassโฆ
Published on July 29, 2025
By Iris Barker
Business & Finance
L’Oreal increases half-year revenue and adjusted profit
French company L'Oreal SA, the leading global cosmetics producer, showed sluggish revenue and adjusted profit increases in the first half of the year, as comparable sales growth fell short ofโฆ
Published on July 29, 2025
By Iris Barker
Science & Technology
UN Secretary-General calls on tech giants to switch their data centers to renewable energy by 2030
UN Secretary-General Antรณnio Guterres urged leading tech firms to transition their data centers to renewable energy sources.
Published on July 23, 2025
By Iris Barker
Economics
Japan to invest $550 billion in the US
President Donald Trump stated that Japan is channeling funds into the American economy as a component of an agreement with the United States.
Published on July 23, 2025
By Iris Barker
World & Politics
Israel’s defense ministry bans some Chinese cars over spying suspicions
The Defense Ministry of Israel has prohibited certain Chinese vehicle models from entry to its โmost sensitiveโ military installations due to concerns over espionage technology, reported Le Figaro on Monday.
Published on July 22, 2025
By Iris Barker
Economics
EU, US canโt find progress in trade talks
Bloomberg reported on Monday, citing sources, that the EU and the US have not yet resolved their key differences in discussions regarding a trade agreement.
Published on July 22, 2025
By Iris Barker
Economics
American Express increases quarterly revenue to record $17.9 billion
American Express Co., a major player in the U.S. credit card industry, reported a 9% year-over-year revenue rise in the second quarter and a 4% drop in net income, withโฆ
Published on July 20, 2025
By Iris Barker
Economics
FT: Trump to open US pension market to cryptocurrency investments
Donald Trump is set to allow investments in cryptocurrency, gold, and private equity within the $9 trillion US pension market, according to the Financial Times, referencing three individuals knowledgeable aboutโฆ
Published on July 20, 2025
By Iris Barker
Business & Finance
U.S. Bancorp increases quarterly net income by 13.2%
U.S. Bancorp boosted its net income by 13.2% and revenue by 2% in Q2 2025, as adjusted profits rose while revenue fell just short of analysts' forecasts.
Published on July 18, 2025
By Iris Barker
Business & Finance
India’s GAIL to receive 1 million tons of LNG per year from Vitol for ten years
GAIL (India) Limited, a top importer and supplier of natural gas in India, and commodity trader Vitol have announced a sales and purchase agreement for liquefied natural gas, securing theโฆ
Published on July 18, 2025
By Iris Barker
Economics
Bundesbank expects Germany’s GDP to stagnate in Q2
The German central bank anticipates no growth in the country's GDP for April-June 2025 following an unanticipated recovery in the first quarter.
Published on July 16, 2025
By Iris Barker
Business & Finance
Barclays fined ยฃ42m over financial crime risk assessment failures
The Financial Conduct Authority (FCA) in the UK has imposed a total fine of ยฃ42m ($56m) on Barclays due to two instances of inadequate financial crime risk assessments.
Published on July 16, 2025
By Iris Barker
Economics
UK to bring back electric car subsidies
The UK government is bringing back subsidies up to ยฃ3,750 ($5,000) for electric vehicles to aid the auto industry and achieve environmental goals.
Published on July 15, 2025
By Iris Barker
Business & Finance
Geely to buy shares of electric car maker Zeekr for $2.4 billion
Geely Automobile Holdings of China will acquire all the shares of electric vehicle manufacturer Zeekr Intelligent Technology Holding Ltd. for approximately $2.4 billion.
Published on July 15, 2025
By Iris Barker
Business & Finance
EC finds violations in Italy’s intervention in UniCredit-Banco BPM deal
The European Commission has informed Italy that the stringent requirements set by the nation's authorities on UniCredit SpA's acquisition of competitor Banco BPM might breach EU regulations.
Published on July 15, 2025
By Iris Barker
World & Politics
The US will sell NATO countries $10 billion worth of weapons in the first stage
Axios reports that the initial set of arms Washington intends to sell to NATO partners is valued at approximately $10 billion.
Published on July 15, 2025
By Iris Barker
Science & Technology
The largest โpiece of Mars” on Earth to be sold at Sotheby’s
A 25 kg rock will be auctioned at Sotheby's. It is anticipated to be auctioned for 2-4 million dollars. This substantial price is attributed to the fact that it isโฆ
Published on July 14, 2025
By Iris Barker
Business & Finance
Volkswagen and SAIC to close plant in China’s Nanjing
German Volkswagen and Chinese SAIC are set to shut down their joint venture facility in Nanjing, according to Reuters, which references sources.
Published on July 14, 2025
By Iris Barker
Economics
The largest supplier of chocolate worsens its sales forecast due to “unprecedented” conditions
Swiss Barry Callebaut, the leading global supplier of chocolate and cocoa products, has downgraded its sales outlook for the ongoing financial year for the third occasion.
Published on July 10, 2025
By Iris Barker
Business & Finance
Nissan begins $4.5 billion bond placement
Japanese car manufacturer Nissan Motor Co. has started the issuance of bonds in dollars and euros, aiming for a total of $4.5 billion.
Published on July 10, 2025
By Iris Barker
World & Politics
Bulgaria finally gets EU permission to adopt the euro from 1 January 2026
The EU Council confirmed the endorsement of the final three legal measures required for the implementation of the euro in Bulgaria starting on 1 January 2026.
Published on July 9, 2025
By Iris Barker
Economics
US universities could lose up to $1 billion in revenue due to loss of international students
According to the Financial Times, US universities might forfeit roughly $1 billion in income due to the decline in international students who cannot or do not wish to study inโฆ
Published on July 9, 2025
By Iris Barker
Business & Finance
Navarro slams Apple CEO for delaying production move out of China
US President Donald Trump's trade adviser Peter Navarro has condemned Apple Inc. CEO Tim Cook for postponing the shift away from China.
Published on July 7, 2025
By Iris Barker
Economics
US to impose 25% tariff on goods from Japan and South Korea
US President Donald Trump declared that a 25% tariff on products from Japan and South Korea will take effect on August 1. He released two official letters directed to Southโฆ
Published on July 7, 2025
By Iris Barker
World & Politics
The US plans to limit AI chips supply to Malaysia and Thailand
The government of US President Donald Trump intends to restrict the availability of AI chips to Malaysia and Thailand, according to Bloomberg, which references sources.
Published on July 6, 2025
By Iris Barker
Business & Finance
Saudi Aramco considers selling energy assets
Saudi Arabian Oil Co. (Saudi Aramco) is contemplating divesting energy assets as a component of a larger initiative to generate cash and reduce expenses, according to sources cited by Reuters.
Published on July 6, 2025
By Iris Barker
Business & Finance
Nippon Steel to raise $5.6 billion in subordinated loans to acquire US Steel
Nippon Steel of Japan announced plans to secure two subordinated loans amounting to 800 billion yen ($5.6 billion) to fund its recently finalized $14.9 billion purchase of United States Steelโฆ
Published on July 3, 2025
By Iris Barker
Business & Finance
European businesses ask for two-year delay in introduction of AI law
ASML, Airbus, Mercedes-Benz Group, Deutsche Lufthansa, along with other European firms, have urged European Commission President Ursula von der Leyen to postpone the implementation of the artificial intelligence law byโฆ
Published on July 3, 2025
By Iris Barker
World & Politics
EC proposes to reduce greenhouse gas emissions by 90% from 1990 levels by 2040
The European Commission proposed changes to the EU climate law, aiming for a 90% reduction in net greenhouse gas emissions by 2040 relative to 1990 levels.
Published on July 2, 2025
By Iris Barker
Business & Finance
Bombardier shares soar to 2018 high on $1.7B order
Shares of Canadian Bombardier Inc. soared to their peak level since 2018 following the announcement that the firm secured an order for 50 Challenger and Global aircraft from an undisclosedโฆ
Published on July 2, 2025
By Iris Barker
World & Politics
Abnormal heat covers Europe
Several European nations are experiencing very high temperatures, The Guardian reports.
Published on June 30, 2025
By Iris Barker
Business & Finance
Fast food chain Raising Cane’s surpasses KFC in US sales in 2024
According to a company statement cited by CNBC, the American fast food chain Raising Cane's achieved revenue of $5.1 billion in 2024.
Published on June 30, 2025
By Iris Barker
World & Politics
German watchdog asks Apple, Google to look into blocking DeepSeek
Berlin's Data Protection Commissioner Meike Kamp has requested that Apple Inc. and Google (a subsidiary of Alphabet Inc.) think about prohibiting the app developed by the Chinese firm DeepSeek, accordingโฆ
Published on June 30, 2025
By Iris Barker
Economics
Musk believes that Trump’s government spending bill will lead the US to debt slavery
The legislation put forward by President Donald Trump's administration could lead the United States towards debt slavery, the previous head of the Department of Government Efficiency (DOGE), entrepreneur Elon Muskโฆ
Published on June 30, 2025
By Iris Barker
Management
Anna Wintour steps down as Vogue editor-in-chief after 37 years
American Vogue's editor-in-chief Anna Wintour is leaving her position after 37 years, The New York Post writes referencing a source familiar with Condรฉ Nast.
Published on June 26, 2025
By Iris Barker
World & Politics
US may offer Iran access to $30 billion in civilian nuclear investment
The White House is contemplating measures that might lead Tehran to rejoin nuclear discussions, such as potentially providing Iran access to as much as $30 billion to advance its nuclearโฆ
Published on June 26, 2025
By Iris Barker
Business & Finance
Monte Paschi receives ECB clearance to acquire rival Mediobanca
The European Central Bank (ECB) has approved Italy's Banca Monte dei Paschi di Siena to take over its competitor Mediobanca.
Published on June 26, 2025
By Iris Barker
World & Politics
NATO countries committed to increasing defense spending to 5% of GDP by 2035
NATO member states pledged to boost defense expenditures to 5% of GDP by 2035, as stated in the communiquรฉ released after the North Atlantic Alliance summit held in The Hague.โฆ
Published on June 26, 2025
By Iris Barker
Business & Finance
Amazon sets to invest ยฃ40 billion in the UK over three years
Amazon.com Inc., based in the US, intends to invest ยฃ40 billion ($54.3 billion) in the UK from 2025 to 2027.
Published on June 24, 2025
By Iris Barker
Business & Finance
Mastercard to integrate Fiservโs stablecoin into its products
Mastercard Inc., which manages one of the globeโs leading payment systems, is aiming to incorporate Fiserv Inc.โs FIUSD stablecoin into its payment offerings, according to MarketWatch.
Published on June 24, 2025
By Iris Barker
Management
Likely candidate for Renault CEO Maxime Picat leaves Stellantis
Stellantis announced in a press release that Purchasing Director Maxime Picat has departed from his position.
Published on June 24, 2025
By Iris Barker
World & Politics
Iran stops military operations against Israel
Military actions targeting Israel stopped at 4:00 a.m. on Tuesday, Abbas Araghchi, the Iranian Foreign Minister, verified.
Published on June 24, 2025
By Iris Barker
Business & Finance
Eni to sell Plenitude renewable energy unit to Ares for โฌ2 billion
Italian oil and gas firm Eni SpA has reached an agreement with US investment firm Ares Management Corp. to sell a 20% interest in its Plenitude division, which focuses onโฆ
Published on June 23, 2025
By Iris Barker
Science & Technology
Tesla launches robotaxi service in Texas
Tesla launched a robotaxi service in Austin, Texas, on Sunday, according to US media.
Published on June 23, 2025
By Iris Barker
Economics
U.S. Fed raises inflation forecast for 2025-2027
The U.S. Federal Reserve System (Fed) increased its inflation projection (PCE index) in the United States for 2025 to 3% from the 2.7% anticipated in March, for 2026 - fromโฆ
Published on June 18, 2025
By Iris Barker
Economics
UBS: Global wealth growth rises to 4.6% in 2024
Global household wealth increased by 4.6% in dollar values in 2024. This is mentioned in the yearly Global Wealth Report by the Swiss bank UBS.
Published on June 18, 2025
By Iris Barker
Business & Finance
Eli Lilly to pay up to $1.3 billion for gene therapy developer Verve Therapeutics
American drug manufacturer Eli Lilly has reached an agreement to purchase the biotech company Verve Therapeutics, which develops gene therapy to lower the level of โbadโ cholesterol.
Published on June 17, 2025
By Iris Barker
Business & Finance
Musk’s xAI in talks to sell $4.3 billion in shares
Elon Musk's AI company xAI Corp. based in America is negotiating to secure $4.3 billion via equity funding, reports Bloomberg referencing details shared by the company with its investors.
Published on June 17, 2025
By Iris Barker
Management
Renault head Luca de Meo to leave the company on July 15
Renault's CEO Luca de Meo has revealed his choice to resign and pursue new opportunities beyond the automotive industry, reads a press statement from the French car manufacturer.
Published on June 16, 2025
By Iris Barker